December 2003

2nd Bidding

COE Prices 15/12/2003
COE Category

CAT A

CAR UP TO 1600CC & 97KW

CAT B

CAR ABOVE 1600CC OR 97KW

CAT C

GOODS VEHICLE & BUS

CAT D

MOTORCYCLE

CAT E

OPEN-ALL EXCEPT MOTORCYCLE

Quota Premium

$24,251

$22,295

$6,508

$221

$24,502

Change

$150

$1,817

$433

$21

$797

Quota

1,911

1,156

693

563

1,356

Bids Received

2,376

1,295

820

920

1,789

PQP

$27,653 (Dec)
$26,489 (Jan)

$27,620 (Dec)
$25,680 (Jan)

$9,211 (Dec)
$8,118 (Jan)

$263 (Dec)
$233 (Jan)

-

CAT A (CAR UP TO 1600CC & 97KW)

Quota Premium

$24,251

Change

$150

Quota

1,911

Bids Received

2,376

PQP

$27,653 (Dec) / $26,489 (Jan)

CAT B (CAR ABOVE 1600CC OR 97KW)

Quota Premium

$22,295

Change

$1,817

Quota

1,156

Bids Received

1,295

PQP

$27,620 (Dec) / $25,680 (Jan)

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$6,508

Change

$433

Quota

693

Bids Received

820

PQP

$9,211 (Dec) / $8,118 (Jan)

CAT D (MOTORCYCLE)

Quota Premium

$221

Change

$21

Quota

563

Bids Received

920

PQP

$263 (Dec) / $233 (Jan)

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$24,502

Change

$797

Quota

1,356

Bids Received

1,789

PQP

-

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COE Price Trend

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23 Comments

Raja Bahrin
COEs are bidded higher by car dealers disyributirs as they want to clear their stock faster. Dealers/Distributors are giving $30-40K discounts now.
Reply

about 2 months ago

Pk
SMEs including car dealers now have a lot of cash. Why? 7.1 billion loan out to 7000 SMEs by our banks during Apr to Jun to ease their cashflow. This is COE Inflation.
Reply

3 months ago

John Chia
Many still have cash, from SIRs 9k, sold house last few months awaiting big crash in housing, what is 2-3k increase? Singaporeans are a bunch of kiasu, kiasi dafts.
Reply

4 months ago

Tong
Why price still upwards?
Reply

4 months ago

Manson Mok
Coe price will start to go down slowly. Likely by 30% toward end of this year. If you really need a car or bike just wait a few more months.
Reply

4 months ago

Glossary

Quota PremiumPrice of the successful COE bid.
ChangeDifference between current price of COE and the previous price.
QuotaNumber of COE issued.
Bids ReceivedNumber of bidders participating in this COE bidding round.
Prevailing Quota Premium (PQP)Amount to be paid for COE renewal. Computed from 3-month moving average of COE prices.